Gabelli Multimedia Trust
GGT
41 hedge funds and large institutions have $20.4M invested in Gabelli Multimedia Trust in 2016 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 11 increasing their positions, 13 reducing their positions, and 3 closing their positions.
200% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 3
14% more funds holding
Funds holding: 36 → 41 (+5)
1.41% less ownership
Funds ownership: 13.47% → 12.07% (-1.4%)
14% less capital invested
Capital invested by funds: $23.8M → $20.4M (-$3.43M)
15% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KFA
Kelleher Financial Advisors
New York
|
+$940K |
| 2 |
Citigroup
New York
|
+$716K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$544K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
+$201K |
| 5 |
MC
Matisse Capital
Portland,
Oregon
|
+$104K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.39M |
| 2 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
-$905K |
| 3 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$877K |
| 4 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$875K |
| 5 |
LPL Financial
San Diego,
California
|
-$656K |
GGT Hedge Fund Activity: Q2 2016 in Review
41 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Gabelli Multimedia Trust (GGT) for Q2 2016, worth a combined $20.4M — down 14% from $23.8M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new GGT positions and 3 closed out — a net gain of 6 holders — while 11 added to existing stakes and 13 trimmed.
The largest buyer was Kelleher Financial Advisors, adding an estimated $940K. The largest seller was Shaker Financial Services, cutting an estimated $1.39M.
- 41 institutional investors held Gabelli Multimedia Trust (GGT) as of Q2 2016, up from 36 in Q1 2016.
- Funds reported $20.4M of Gabelli Multimedia Trust stock for Q2 2016, down 14% quarter-over-quarter.
- 9 funds opened new Gabelli Multimedia Trust positions in Q2 2016 and 3 closed out, a net change of +6 holders.
- The largest Gabelli Multimedia Trust buyer in Q2 2016 was Kelleher Financial Advisors, an estimated $940K added.
- The largest Gabelli Multimedia Trust seller in Q2 2016 was Shaker Financial Services, an estimated $1.39M sold.
Based on aggregated 13F filings for Q2 2016.